"Worst Case Scenario" in Real Estate!

By
Real Estate Broker/Owner with THE TEMPLE TEAM
https://activerain.com/droplet/55Xd

 

As you probably already know .... not every real estate transaction is smooth sailing and sometimes the unexpected pops up!  Here are a few things that might happen in a "worst case scenario" but I hope it doesn't!

 

  • Oh My ... There's MOLD!! YIKES!  This is why inspections are so important as a buyer AND a seller with a "pre-listing" inspection.
  • Buyers Remorse! Sometimes buyers get caught up in the moment especially if their were several interested parties and there was a bidding war but then the "3 a.m. ... sit straight up in bed thinking what the heck have I done" thoughts start to haunt you!
  • Sellers Remorse!  EVEN WORSE!!  But it can happen! Sometimes sellers start to think about what they really have and have a change of heart or maybe that job transfer didn't come through, etc... 
  • NEW CAR .. OH NO!  The buyers got so excited and thought "New Home = New Car" and went out and got a new car loan before closing!

Are you looking to sell your home or find the home of your dreams?  The Temple Team can help you! Give us a call at 704-235-3000 and visit our webstie at www.TheTempleTeam.com

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Ambassador
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Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Division Specialist

Been there already this year.  Week before closing, seller decides they can't buy the new home they wanted because of credit issues, so they decided to stay in their home.  

Jul 20, 2017 06:53 PM #1
Rainmaker
430,656
Tom Bailey
Margaret Rudd & Associates Inc. - Oak Island, NC

It happens! Whatever can go wrong will go wrong. I'm in the middle of two such disasters. It does make life interesting. Good post!!

Jul 20, 2017 07:48 PM #2
Rainmaker
1,427,659
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

These all happen! Luckily they are all fairly rare, but I had a buyer who purchased a new car during the deal. Yikes.

Jul 21, 2017 07:57 AM #3
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Rainmaker
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The Temple Team

Specializing in Lake Norman/Charlotte/Charleston
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